Milan: Safilo trades in negative territory
(Teleborsa) - The Sunglasses and eyewear italian producer is in negative territory as it trades with a -2.62% loss.The technical scenario for Safilo in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
The technical picture of Safilo signals an extended downtrend towards support seen at 1.028 Euros, while on the upside resistance can be identified in the 1.064 area. The outlook is for Safilo to pull back further still towards a target of 1.016.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Teleborsa) 24-09-2024 09:35